Examples of Joint Collateral Agent in a sentence
If the Debtors fail to so file the motion, the Prepetition Joint Collateral Agent may file and prosecute such a motion in the name of the Debtors.
A certified copy of this Final Order may, in the discretion of the Prepetition Joint Collateral Agent or the Prepetition Second Lien Agent, be filed with or recorded in filing or recording offices in addition to or in lieu of such financing statements, mortgages, notices of lien or similar instruments, and all filing offices are hereby authorized to accept such certified copy of this Final Order for filing and recording.
To the extent of the Diminution in Value, the Prepetition Joint Collateral Agent (for itself and the Prepetition Secured Parties) and the Prepetition Second Lien Agent (for itself and the Prepetition Second Lien Secured Parties) shall have allowed superpriority administrative expense claims as provided and to the full extent allowed by sections 503(b), 507(a) and 507(b) of the Bankruptcy Code and otherwise (the “Superpriority Claims”).
The Debtors shall not seek any order modifying or extending this Final Order without the prior written consent of the Requisite Lenders under both Prepetition Credit Facilities, and no such consent shall be implied by any other action, inaction or acquiescence by the Prepetition Joint Collateral Agent or other Prepetition Secured Party.
In any exercise of rights and remedies upon the Termination Date, the Prepetition Joint Collateral Agent, for the benefit of the Prepetition Secured Parties, is authorized to proceed under or pursuant to the Prepetition Credit Documents.